A popular brand has introduced a new design of jeans. All major stores have stocked the jeans because the brand usually sells very well. But the cost of these jeans is much higher than those of other brands, so people don't buy them. How will the price of the jeans be affected? Give reasons to your answer
Answers
If the jeans aren't bought at all, or as much as the other brands, then the store owners would have no choice but to lower prices. It's either that option or they would return the merchandise (if possible) or simply throw away the jeans. Setting the right price is more or less trial and error. There are mathematical ways to make an educated guess, but to be fair, there are a lot of factors in play that make trial and error more effective.
For example, if the jeans start at $100 and no one buys them for a week, then the owner may reduce the cost to $75 and see if the 25% discount is effective or not. If people buy, then the price may stay there. If not, then the price may come down even further. The process is continued indefinitely. On the flip side, if demand skyrockets, then prices would likely go up.
the price of the jeans is likely to be affected by the low demand resulting from the high cost.
Based on the given information, it can be inferred that the price of the jeans is not aligned with the market demand due to its high cost relative to other brands. In this scenario, several outcomes are possible:
1. Decrease in Price: If the jeans are not selling well due to their high cost, the brand might experience a decrease in demand. To stimulate sales, the brand may need to lower the price of the jeans to make them more affordable and competitive. This price adjustment aims to attract customers who were previously deterred by the high cost.
2. No Change in Price: The brand may choose to maintain the current price despite the low demand. This decision can stem from factors such as maintaining the brand image or relying on a niche market that is willing to pay a premium for the product. However, in such a situation, the brand may need to focus on marketing and branding efforts to emphasize the unique qualities or benefits of the jeans to justify their higher price.
3. Increase in Price: It is less likely that the brand would increase the price of the jeans if they are not selling well due to their high cost. Increasing the price further would likely deter even more customers and exacerbate the issue. However, if the brand has a particularly strong brand image or a highly loyal customer base that is willing to pay a premium, a price increase may be feasible in rare cases.
In summary, the price of the jeans is likely to be affected by the low demand resulting from the high cost. The brand may choose to decrease the price to boost sales or maintain the current price while focusing on marketing efforts to highlight the unique value proposition of the jeans. An increase in price is less probable given the low demand.
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Related Questions
The original price of a camera was $50 and the sale price this week is $38. What is the percent of change in the price
of the camera?
A.24% B. 12% C.20% D.25%
Answers
Answer:
24%
Step-by-step explanation:
x (original price) = 50$
y (sale price) = 38$
p (percentage) = ?
p = (x - y) / x
p = (50-38) / 50
p = 12/50
p = 0.24
p = 24%
Answer:
24%
Step-by-step explanation:
i did it in my head
when examining distributions of numerical data, what three components should you look for
Answers
Answer:
The three components you should look for when examining distributions of numerical data are Shape, center, and spread
-Source(I took AP statistics in senior year of high school and passed the AP test)
The three components for examining distributions of numerical data are Shape, centre, and spread.
What is distribution of data?
A normal distribution is a common probability distribution. It has a shape often referred to as a "bell curve." Many everyday data sets typically follow a normal distribution: for example, the heights of adult humans, the scores on a test given to a large class, errors in measurements.
When examining the distribution of a quantitative variable, one should describe the overall pattern of the data (shape, centre, spread), and any deviations from the pattern (outliers). When describing the shape of a distribution, one should consider: Symmetry/skewness of the distribution Peakedness (modality) - the number of peaks (modes) the distribution has. Not all distributions have a simple, recognizable shape. Outliers are data points that fall outside the overall pattern of the distribution. It is always important to interpret the features of the distribution (as they appear in the histogram) mean in the context of the data.
Hence, The three components for examining distributions of numerical data are Shape, centre, and spread.
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You earn $15 an hour tutoring and $9 an hour working at the Sippy Drink. You can tutor a maximum of 10 hours a week. You have to put in at least 20 hours a week at the Sippy Drink to keep your job there. You can't work more than 40 hours a week. Create and graph a system of inequalities that represents the constraints
Answers
Answer:
how is the maximum 10 hrs but you need to put in 20hrs
Estimate the answers after rounding to the indicated place value.
56.1: 6.6 (ones)
A 9
B10
C8
D7
E6
Answers
If -3x–7 =23 then 6x=?
Answers
Answer:
6x = -60
Step-by-step explanation:
-3x - 7 = 23
-3x = 30
x = -10
6(-10) = -60
14 + 5(16 – 9) – 2 + 4 •12 =
Answers
The Answer Is 95
Hope This Help's
14 + 5(7) - 2 + (4x12) = 14 + 35 - 2 + 48 = 95
-i+5=t-19 please help
Answers
Answer:
t=24-i
Step-by-step explanation:Solve for t
by simplifying both sides of the equation, then isolating the variable.
Help me please and show work and this is geometry
Answers
Answer:
-433
Step-by-step explanation:
Step 1: Define
-5(4 + 9s) - 7(4q - 6)
s = 7
q = 5
Step 2: Simplify expression
Distribute: -20 - 45s - 28q + 42
Combine like terms: -45s - 28q + 22
Step 3: Substitute
-45(7) - 28(5) + 22
Step 4: Evaluate
-315 - 140 + 22
-445 + 22
-433
a retail chain buys 1000 wireless speakers if the price is $190 and $2600 if the price is $110. A wholesaler will supply 800 wireless speakers at $128 each and 2400 at $192. Assuming that the supply and demand functions are linear, find the market equilibrium price and market equilibrium quantity
Answers
Answer:
The market equilibrium price is $160 and market equilibrium quantity is 1600
Step-by-step explanation:
A linear function is of the form y = m * x + b, where m is the slope and b is called the intercept.
The shape of a demand and supply curve will be: Q = m * P + b
The point-slope form of the linear function is written as y- y1 = m * (x- x1) where (x, y) and (x1, y1) are the coordinates of the point. In this case: Q- Q1 = m * (P- P1)
A retail chain buys 1000 wireless speakers if the price is $ 190 and 2,600 if the price is $ 110. Then (P, Q) = (190,1000) and (P1, Q1) = (110, 2600). Replacing in the point-slope form:
1000 - 2600= m*(190 - 110)
and solving for m you get:
-1600=m*80
[tex]m=\frac{-1600}{80}[/tex]
m= -20
To find the value of b from the demand curve Q = m * P + b, you plug in the value of m and either of the two points into the equation and solve for b. So:
Q= -20*P + b
Replacing (P, Q) = (190,1000)
1000= -20*190 + b
1000= -3800 + b
1000 + 3800= b
4800= b
The demand function is Q= -20*P + 4800
In an analogous way, the supply function can be deduced. A wholesaler will supply 800 wireless speakers at $128 each and 2400 at $192. Then (P, Q) = (128,800) and (P1, Q1) = (192, 2400). Replacing in the point-slope form:
800 - 2400= m*(128 - 192)
and solving for m you get:
-1600=m*(-64)
[tex]m=\frac{-1600}{-64}[/tex]
m= 25
To find the value of b from the supply curve Q = m * P + b, you plug in the value of m and either of the two points into the equation and solve for b. So:
Q= 25*P + b
Replacing (P, Q) = (128,800)
800= 25*128 + b
800= 3200 + b
800 - 3200= b
-2400= b
The supply function is Q= 25*P - 2400
The point where the supply and demand curves intersect is called the market equilibrium point. At this point the quantity supplied and the quantity demanded is the same and the price must also be the same. So:
-20*P + 4800= 25* P -2400
Solving for P:
-20*P - 25*P= -2400 - 4800
-45*P= -7200
[tex]P=\frac{-7200}{-45}[/tex]
P= 160
Since at the equilibrium point the quantity supplied and the quantity demanded is the same, replacing the price P in either of the two functions (demand or supply) I obtain the equilibrium quantity. In this case, it is replaced in the supply function:
Q= 25*160 -2400
Q= 1600
Finally, the market equilibrium price is $160 and market equilibrium quantity is 1600
olve. 4 + x 7 = 2 A) -14 B) 10 C) 12 D) 42
Answers
Answer:
-14 I believe
Step-by-step explanation:
Answer:
Its A.
Step-by-step explanation:
I need help on this question 109^41/109^94
Answers
Answer:
[tex]\frac{1}{109^{53}}[/tex]
Step-by-step explanation:
[tex]\frac{109^{41}}{109^{94}}=109^{41-94}=109^{-53}=\frac{1}{109^{53}}[/tex]
Catherine wants to pass year for Ms. Ford's class and all she has left is to take the final Spring Final. If she earned a 60 on Semester 1, a 62 on RC3 and a 53 on RC4 what is the minimum score she would need to earn on the final to pass for the year? RC3 and RC4 are averaged together for 90% of the semester 2 grade. The Spring final is 10% of the semester 2 grade. The final grade is the average of the Semester 1 and Semester 2 grade. A 70% is passing.
Answers
Step-by-step explanation:
The final grade is the average of the two semesters.
70 = ½ (60 + x)
x = 80
So Catherine needs a Semester 2 grade of 80%.
The average of RC3 and RC4 is ½ (62 + 53) = 57.5. This accounts for 90% of the Semester 2 grade. The other 10% is the Spring final.
80 = 0.90 (57.5) + 0.10 (x)
x = 282.5
Catherine would have to score 282.5% on the Spring final in order to pass.
Find the value of x that will make A||B.
A
B
4x
2x
X =
?
Answers
Answer:
x = 30
Step-by-step explanation:
Lines A and B are parallel lines and a transverse line is intersecting these lines at two distinct points.
By the definition of interior consecutive angles, sum of the measures of interior consecutive angles is 180°.
4x + 2x = 180°
6x = 180
x = 30
Therefore x = 30 will be the answer.
Find the coordinates of point P that partition AB in the
ratio 1:4.
Please give explanation
Answers
Answer:
(1.6, 0)
Step-by-step explanation:
Point P, partitioning AB in the ratio 1:4, implies that it divides AB into, AP and PB, such that AP to PB = 1:4.
Use the formuka below to find the coordinates of point P:
[tex] x = \frac{mx_2 + nx_1}{m + n} [/tex]
[tex] y = \frac{my_2 + ny_1}{m + n} [/tex]
Where,
[tex] A(1, -1) = (x_1, y_1) [/tex]
[tex] B(4, 4) = (x_2, y_2) [/tex]
[tex] m = 1, n = 4 [/tex]
Solve by plugging the above values where necessary as follows:
[tex] x = \frac{mx_2 + nx_1}{m + n} [/tex]
[tex] x = \frac{1(4) + 4(1)}{1 + 4} [/tex]
[tex] x = \frac{4 + 4}{5} [/tex]
[tex] x = \frac{8}{5} [/tex]
[tex] x = 1.6 [/tex]
[tex] y = \frac{my_2 + ny_1}{m + n} [/tex]
[tex] y = \frac{1(4) + 4(-1)}{1 + 4} [/tex]
[tex] y = \frac{4 - 4}{5} [/tex]
[tex] y = \frac{0}{5} [/tex]
[tex] y = 0 [/tex]
The coordinates of P that partitions AB into the ratio 1:4 are (1.6, 0)
what is the answer to -17 = 6m - 4 + 7m ?
Answers
Answer:
====LEARN WITH REY====Hi sis, try to help yaStep-by-step explanation:
= -17 = 6m - 4 + 7m
= 6m - 7m = 17 + 4
= 1m = 21
= m = 21 : 1
= m = 21
========================#Study with brainly #Learn with reyWrite Three and eight thousandths in standard form? What is it
Answers
Thousandths is the 3rd decimal place
The answer is 3.008
A 130 gallon tank initially contains 10 lbs salt dissolved in 60 gallons of water. Brine containing 1 lb salt per gallon begins to flow into the tank at the rate of 3 gal/min and the well-mixed solution is drawn off at the rate of 1 gal/min. How much salt is in the tank when it is about to overflow
Answers
Answer:
80 lb of salt
Step-by-step explanation:
Let us assume the water flows into the rank for x minutes.
There is an initial of 60 gallons of water in the tank and water flows in at 3 gal/min. In x minute, the amount of water in the tank = 60 + 3x
Water flows out at 1 gal/min, therefore in x minute the amount of water in the tank = 60 + 3x - x = 60 + 2x
The tank begins to overflow when it is full (has reached 130 gallons). Therefore:
130 = 60 + 2x
2x = 130 - 60
2x = 70
x = 35 minutes.
In 35 minutes the tank would start to overflow.
1 lb salt per gallon flows into the tank at 3 gal/min, in 35 min the amount of salt that entered the tank = 3 gal/min × 35 min × 1 lb/gal = 105 lb
1 lb salt per gallon flows out of the tank at 1 gal/min, in 35 min the amount of salt that flow out of the tank = 1 gal/min × 35 min × 1 lb/gal = 35 lb
Initially there is 10 lb of salt dissloved into 60 gallons of water.
Therefore the amount of salt is in the tank when it is about to overflow = 10 + 105 - 35 = 80 lb of salt.
Write the name of the
period that has the
digits 913.
Answers
3÷1/3+1=
PLEASE HELP!!!!!
Answers
Answer:
9+1=10 following bodmas rule
Rewrite 0.011 as a fraction in lowest terms
Answers
Answer:
11/1000
Step-by-step explanation:
and did not copy i swear
Answer:
11/1000 or 10/500
Step-by-step explanation:
what is 2/3 + 1/2 equal?
Answers
Answer: To add fractions, find the LCD and then combine.
Exact Form:
7 /6
\(￣︶￣*\)) Hope this helps!!
Answer:
7/6
Step-by-step explanation:
2/3+1/2
4/6+3/6
4+3/6
7/6
3a+8+2ax≥3ax-4a what is a
Answers
Answer:
A=3 I'm 95% sure but if you're not sure then use PEMDAS
P-parentheses
E-exponets
M-multiply
D-divide
A-add
S-subtract
Help ASAP
Find the Distance between (5,2) and (-3,-4)
Answers
Answer:
[tex]d = 10[/tex]
Step-by-step explanation:
Distance Formula: [tex]d=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]
Simply plug in your 2 coordinates into the formula to find distance d:
[tex]d=\sqrt{(-3-5)^2+(-4-2)^2}[/tex]
[tex]d=\sqrt{(-8)^2+(-6)^2}[/tex]
[tex]d=\sqrt{64+36}[/tex]
[tex]d=\sqrt{100}[/tex]
[tex]d = 10[/tex]
Which y values are represented on the the graph below?
Answers
Answer:
The value is of y is 1 . please follow me I will give u more answer
The range of the line segment will be - 3 ≤ y ≤ 3. Then the correct option is A.
What are domain and range?The domain means all the possible values of x and the range means all the possible values of y.
A relationship between two or more parameters that, when shown on a graph, produces a linear model. The degree of the variable will be one.
From the graph, the maximum value of the line segment will be 3 and the minimum value of the line segment will be negative 3. Then the range can be given as,
R = [-3, 3]
- 3 ≤ y ≤ 3
The range of the line segment will be - 3 ≤ y ≤ 3. Then the correct option is A.
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Plz help! I dont understand this
Answers
The null and alternative hypotheses are given. Determine whether the hypothesis test is left-tailed, right-tailed, or two-tailed. What parameter is being tested? H_0: u =5 H_1: U =/ 5 . I can not make the equal wiht aline through it
Is the hypothesis test left-tailed, right tailed, or two tailed? A Left tailed B Right tailed C Two tailed
What parameter is being used? A population proportion B population mean C standard deviation
Answers
Correct clear question is;
The null and alternative hypotheses are given. Determine whether the hypothesis test is left-tailed, right-tailed, or two-tailed. What parameter is being tested? H_0: μ = 5 H_1: μ ≠ 5
Is the hypothesis test left-tailed, right tailed, or two tailed? A Left tailed B Right tailed C Two tailed
What parameter is being used? A population proportion B population mean C standard deviation
Answer:
A) C - Two tailed hypothesis
B) B - Population mean
Step-by-step explanation:
We are given the hypotheses to be;. Null Hypothesis; H_0: μ = 5
Alternative hypothesis; H_1: μ ≠ 5
From the alternative hypothesis, we can see that the critical area of distribution of the parameter being tested could either be less than 5 or greater than 5 due to the not equal to sign. This means it could either be left tailed or right tailed. Thus, it is a two tailed hypothesis.
From the hypothesis, we see that the symbol μ is being used.
In statistics, μ is generally used as a symbol to denote population mean.
Thus, parameter being used/tested is population mean
1/2x^2+3x+7 find axis of symetry
Answers
Answer:
x=-3
Step-by-step explanation:
1
Tamara spun the arrow on a spinner 50 times. The number of times the arrow landed on each colored section of the spinner is shown in the table.
Section
Red
Blue
Orange
Yellow
Number of Times
Arrow Landed on
23
8
10
9
Based on the results in the table, what fraction of the area of the spinner is most likely represented by the Red section?
А.
SO
O B. 3
Ос. 4
O D. 1 / 4
Answers
Answer:
Area covered by red target = 23/50
Step-by-step explanation:
Given:
Total number of shot = 50
Section Number of shots
Red 23
Blue 8
Orange 10
Yellow 9
Find:
Area covered by red target
Computation:
Area covered by red target = 23/50
Area covered by red target = 1/2 of total area
Answer:
The fraction of the area of the Red section is [tex]\dfrac{23}{50}[/tex]
Step-by-step explanation:
Given that,
The number of times the arrow landed on each colored section of the spinner is shown in the table.
Tamara spun the arrow on a spinner 50 times.
Section = Red, Blue, Orange, Yellow
Number of times arrow landed = 23, 8, 10, 9
We need to calculate the fraction of the area of the Red section
Using formula of fraction of area
[tex]fraction\ of\ area=\dfrac{Red\ section}{total\ section}[/tex]
Put the value into the formula
[tex]fraction\ of\ area=\dfrac{23}{50}[/tex]
Hence, The fraction of the area of the Red section is [tex]\dfrac{23}{50}[/tex]
A 35-foot ladder is leaning against the side of a building and is positioned such that the base of the ladder is 21 feet from the base of the building. How far above the ground is the point where the ladder touches the building?
Answers
Answer:
Step-by-step explanation:
Lisa's age is 4 years older than three times Sammy's age. Lisa is 28 years old. Let s represent Sammy's age. Which equation can be used to solve for Sammy's age?
Answers
Answer:
24
Step-by-step explanation:
let Sammy's age be x and Lisa y
since Lisa is 4years older than Sammy
y=x+4
28-4=y
y=24